Business backlash to budget changes 'to be expected'

The coalition is preparing to unveil its support measures for small businesses. Photo: Joel Carrett/AAP PHOTOS Most small businesses won't be affected by changes to capital gains tax, government ministers insist, despite criticism from the sector on the budget measures.

Business backlash to budget changes 'to be expected'. The coalition is preparing to unveil its support measures for small businesses. Photo: Joel Carrett/AAP PHOTOS Most small businesses won't be affected by changes to capital gains tax, government ministers insist, despite criticism from the sector on the budget measures. As the coalition prepares to unveil its support measures for small businesses on Wednesday, ministers brushed off concerns entrepreneurs could take their investments overseas due to the changes. The federal budget outlined changes to the capital gains tax, which would replace a 50 per cent discount for assets held for more than a year to a rate based on inflation. Sam Rae says the government will work with the start-up sector in order to get the settings right. (Lukas Coch/AAP PHOTOS) Federal minister Sam Rae said most...